000 01876nmc a2200205 4500
005 20260520005700.0
008 260224s xxu
082 _aCD W938 1 0013960
100 1 _aManzoor, Davood
_910261
111 2 _aWorld Petroleum Congress (16th. : 2000 jun. 11-15 : Calgary, Alberta, Canada)
_934
210 _aWPC (16th.)
245 0 0 _aOil and gas development in Iran
_bForeign finance requirements
270 _a12/09/06 ; 26/08/2003
300 _a3 p.
520 _aResumen del autor, extraído del trabajo. For the First time in the last 20 years, Islamic Republic of Iran has developed a list of projects containing onshore fields for development with exploration projects offering for foreign investment opportunities through buy - back schemes. Under this system, the foreign oil company makes the investment to bring the Company field underproduction, then hands it over to the Iranian National Oil (NIOC), in effect simply providing a service. The company then recoups its investment, plus an agreed rate of return through the oil and gas production from the field. Naturally, it is in the best interest of any nation not to share its natural resources with foreign entities. According to Code 81 of Iran's Constitution, the granting of any concessions regarding the essential affairs of the state is forbidden. The concept of buyback is actually a solution for the legal obstacles that some constitutions, including that of Iran, initiated in regards to foreign investment and right of ownership of land and natural resources in a given country. Thus this legal solution allows the contractor to have all the privileges of ownership during the period of the contract, without actually having any title under his name.
773 _gv. 5, p. 261
800 1 _aManzoor, Davood
_910261
942 _cCONGTP
999 _c133728
_d133728